Xinjiang Zhongtai Chemical (002092.SZ)Zhongtai Capital plans to transfer its 14,379,300 shares of the company to Zhongtai Group without compensation.

Xinjiang Zhongtai Chemical (002092. SZ) has announced that its controlling shareholder, Xinjiang Zhongtai (Group) Co., Ltd. ("Zhongtai Group"), plans to transfer 14.3793 million shares of Xinjiang Zhongtai Chemical currently held by its wholly-owned subsidiary, Xinjiang Zhongtai Capital Management Co., Ltd. ("Zhongtai Capital"), to Zhongtai Group at no cost. The proposed transfer accounts for 0.56% of the total share capital of the company.